UBS Downgrades Northern Trust to Neutral, Lowers Price Target to $80
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Brennan Hawken has downgraded Northern Trust (NASDAQ:NTRS) from Buy to Neutral and lowered the price target from $100 to $80.
July 10, 2023 | 1:36 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Northern Trust has been downgraded by UBS from Buy to Neutral, with a lowered price target of $80.
The downgrade from Buy to Neutral by UBS indicates a less optimistic outlook for Northern Trust. The lowered price target from $100 to $80 also suggests that UBS sees less upside potential for the stock. This could negatively impact investor sentiment and put downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100